Page 606 - MOE ENGLISH PR REPORT - JANUARY 2025

1/21/25, 1:42 PM UAE and Mexico Strengthen Trade and Investment Ties
sectors for cooperation, such as agriculture, industry, infrastructure, services, and

tourism.

The UAE-Mexico trade relationship has been growing steadily, with non-oil trade rising

by 20.8% in 2023 to reach US$2.6 billion. This positive trend continued into 2024, with a
1% increase in trade during the first ten months of the year, totaling US$2.2 billion.

Al Zeyoudi emphasized the potential for further collaboration, stating,

"The continuous growth in non-oil trade underscores

the vast potential for new partnerships, driving mutual

prosperity."

He also discussed ways to strengthen supply chains and foster economic integration
through a trade and investment corridor.

Throughout the visit, Al Zeyoudi met with several prominent Mexican leaders, including

Francisco Cervantes, President of CONCAMIN, and José de Jesús Rodríguez

Cárdenas, President of the National Chamber of Commerce, to explore opportunities for

expanding private sector relations and supporting businesses seeking to enter both

markets.

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